🌅 $BTC daily — downtrend holding below key MAs
BTC slipped 0.64% to $80,354, staying in a downtrend with BTC dominance steady at 59.45%. Price trades below both the 20 and 50 SMA, RSI at 43.6 is neutral but leaning toward oversold. Altcoins remain flat while dominance holds firm, moving in sync with BTC.
• Support: $79,506
• Resistance: $80,575
Plan: a bounce off $79,506 could offer an entry, but a clean break below it invalidates the setup and may trigger faster altcoin buying as the market seeks clarity.
Not financial advice.
BTC slipped 0.64% to $80,354, staying in a downtrend with BTC dominance steady at 59.45%. Price trades below both the 20 and 50 SMA, RSI at 43.6 is neutral but leaning toward oversold. Altcoins remain flat while dominance holds firm, moving in sync with BTC.
• Support: $79,506
• Resistance: $80,575
Plan: a bounce off $79,506 could offer an entry, but a clean break below it invalidates the setup and may trigger faster altcoin buying as the market seeks clarity.
Not financial advice.
